Ncontemporary Limited

Ncontemporary Limited is a small, active company based in London, UK, founded ten years ago in 2015. It employs just one person and operates from a virtual address shared by 1693 other companies. The company is run by a single director and owner, Emanuele Norsa. Ncontemporary specializes in buying and selling artworks, operating as an irregular importer of art and antiques, with just one month of imports recorded as of September 2023.

The company’s website showcases a gallery with locations in Milan and Venice, focusing on supporting emerging and mid-career artists. Ncontemporary collaborates with collectors and institutions, participating in international art fairs like Miart and Paris Photo. It operates from multiple venues, including a project room and outdoor space, and even has a permanent gallery space on the island of Giudecca in Venice. The website is professionally designed and regularly updated, suggesting a focus on branding and online presence.

Financially, Ncontemporary Limited presents a mixed picture. Cash reserves increased by 21% to £6,600, a positive sign. However, net assets decreased by 6.9% to -£60,000, indicating ongoing losses. Creditors slightly decreased by 3.8% to £70,000, and debtors increased by 31% to £2,600. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the negative equity is a concern. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s accounts are described as “filleted” and unaudited.

Overall, Ncontemporary Limited seems to be navigating a challenging financial landscape, relying on its artistic focus and international presence to sustain its operations. The company's ability to attract funding or secure loans will likely be crucial for its long-term viability.

Registered in England/Wales under the registration number 09516609, with a registered address at E1W 9US, United Kingdom, London, 2 Leman Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.